SENATE BILL 45

File Code: Taxes - Income Crossfiled with: HOUSE BILL 247

Sponsored By:

Senators Greenip, Harris, Pipkin, and Colburn

Entitled:

Family Education Savings Account Act - Subtraction Modification for Contributions

Synopsis:

Allowing a subtraction modification under the Maryland income tax for specified contributions to a family education savings account, subject to specified limitations; applying the Act to tax years after 2008; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.

Senate Action

11/13

Pre-filed

1/14

First Reading Budget and Taxation

1/21

Hearing 2/4 at 1:00 p.m.

House Action

No Action

Sponsored by:

Senator Janet Greenip, District 33

Senator Richard F. Colburn, District 37

Senator Andrew P. Harris, District 7

Senator E. J. Pipkin, District 36

Bill indexed under the following Subjects:

Education -see also- Driver Ed; Higher Ed; Special Ed; etc

Exemptions

Higher Education -see also- Comm Colleges; Med Schools; etc.

Income Tax

Bill affects the following Statutes:

Tax - General

( 10-208 , 10-208 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered